E-commerce Gaining A Foothold In China

From AFP:

With more Internet users than any other nation on the planet, China’s e-commerce is booming, but obstacles remain before the full business potential can be unleashed, analysts said.

China’s online population is now at 220 million, Beijing-based research firm BDA China said late last week, overtaking the United States as the world’s number one, highlighting the growth opportunities in the huge Asian market.

Fifty-five million of China’s Internet users shopped online last year for a total turnover of 59.4 billion yuan (8.25 billion dollars), according to the China Internet Research Centre in Beijing.

March 16, 2008 8:53 PM
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